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4 of the World’s Top 50 Female-Friendly Companies are Canadian

Two young professionals talking while holding coffee cups at work

We know that the gender pay gap is still, unfortunately, running strong in 2022 — but there are also some companies that are working in ways that can help to promote gender equality among their workforces. 

Highlighting these companies, Forbes just released their ranking of the world’s top female-friendly companies for 2022.

Women make up the majority of the college-education workforce, yet employers are struggling to retain them — let alone promote them to leadership positions,” a Forbes post about the list notes.

See also: High-performing women and underperforming men share same chances for leadership.

The ranking (which was compiled in partnership with market research company Statista) identifies 400 companies that are “excelling in championing women at work” — which means that they offer things like “competitive pay and strong career advancement opportunities but also flexible work arrangements which experts agree are critical to correct gender inequities.”

In the top 50, four Canadian companies made the list. Interestingly, all four of these companies are classified under the Banking and Financial Services industries — and three of the four are headquartered in Toronto.

Here are the four Canadian companies that made Forbes’ top 50 list:

#4: Desjardins Group

Number of employees: 53,783

Company headquarters: Lévis, Quebec

Founded: 1900

#16: CIBC

Number of employees: 45,000

Company headquarters: Toronto, Ontario

Founded: 1961

#29: Brookfield Asset Management

Number of employees: 150,000

Company headquarters: Toronto, Ontario

Founded: 1899

#41: TD Bank Group

Number of employees: 90,000

Company headquarters: Toronto, Ontario

Founded: 1855

How did Forbes come up with their ranking? The market research company Statista surveyed about 85,000 women who work at multinational institutions globally (specifically, in 36 countries). They used this data to determine companies that “excel in gender equality in career advancement opportunities, parental leave and more” for their list.

You may also like: We found 50 women-owned Canadian businesses to shop this holiday season.

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